| FAS latest price $89.0200 (0.62%) ($87.1200 - $90.2000) on Thu. Feb. 2, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.6% (three month average) |
RSI | 58 |
Latest Price | $89.0200(0.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FAS advances 0.6% a day on average for past five trading days. |
Weekly Trend | FAS advances 3.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support FAS advance at 0% a week (0% probability) IWD(90%) VYM(87%) IVE(85%) DIA(84%) IWN(81%) |
Factors Impacting FAS price | FAS will decline at least -1.8% in a week (0% probabilities). VIXM(-58%) SHY(-37%) VXX(-28%) GLD(-18%) BNDX(-15%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.8% (StdDev 3.6%) |
Hourly BBV | 0.4 () |
Intraday Trend | -0.9% |
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